How Much Did Freedom Wheels Raise?
Funding & Key Investors

Freedom Wheels has successfully secured a significant capital injection, bringing its total funding to $167K. This latest round, which contributed $17K in moderate growth capital, underscores the company's sustained operational momentum within the specialized mobility services sector. By leveraging debt financing, the organization continues to fortify its balance sheet while expanding its footprint in the adaptive technology and accessibility infrastructure market.

What is Freedom Wheels?

Freedom Wheels
Healthcare ServicesElderly Care ServicesAutomobile Dealers

Established in 1991, Freedom Wheels has evolved into a cornerstone provider for individuals with mobility impairments. The company offers a comprehensive suite of solutions, ranging from complex vehicle modifications and adaptive technology evaluations to professional accessibility audits for commercial enterprises. By integrating in-home assessments with a robust inventory of accessible transportation options, Freedom Wheels maintains a unique market position that bridges the gap between medical necessity and independent living. Their long-standing operational history serves as a testament to their expertise in navigating the nuanced requirements of the disability services industry, ensuring that clients receive tailored support that enhances their quality of life and functional autonomy.

How much funding has Freedom Wheels raised?

Freedom Wheels has raised a total of $167K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$17K

Debt (2020): $150K with participation from PPP

Debt (2021): $17K led by PPP

Key Investors in Freedom Wheels

PPP

Public-Private Partnership

Undisclosed Investor

An institutional partner participating in the funding round to facilitate long-term strategic development.

Undisclosed Investor

A private capital provider supporting the company's mission to enhance accessibility and mobility services.

What's next for Freedom Wheels?

With this recent infusion of capital, Freedom Wheels is well-positioned to scale its service delivery model and enhance its technological infrastructure. The strategic focus will likely shift toward optimizing its supply chain for adaptive vehicle components and expanding its reach in the accessibility audit market. As the company transitions through this late-stage growth phase, the emphasis remains on maintaining high-touch service standards while leveraging economies of scale to reach a broader demographic. Future initiatives may include the integration of advanced diagnostic tools for mobility assessments and the potential expansion of its accessible transportation fleet to meet rising demand in urban centers.

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Frequently Asked Questions Regarding Freedom Wheels Financial Insights

What are the most recent funding rounds that Freedom Wheels has completed, and what were the funding rounds?
Freedom Wheels has recently completed 2 funding rounds: Debt on Mar 5, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Freedom Wheels has raised to date?
Freedom Wheels has raised a total of $167K in funding to date.
How many funding rounds has Freedom Wheels completed?
Freedom Wheels has completed 2 funding rounds.
How much funding did Freedom Wheels raise in its most recent funding round?
Freedom Wheels raised $17K in its most recent funding round.
Who are the lead investors in Freedom Wheels's latest funding round?
The lead investor in Freedom Wheels's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Freedom Wheels's history?
The largest funding round in Freedom Wheels's history was $150K.
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